Business

Baby Steps, motivation and retirement?

Staff Reports's picture

Q: I make $38,000 a year working in the trade show industry, and I’m about to start Baby Step 3. It took 14 months to pay off $8,000 in debt for Baby Step 2, so I’m wondering how long it should take to save up my three to six months of expenses. I’ve also not done a lot toward retirement. I’m 52, and I’m worried about that.

You're self-insured

Staff Reports's picture

Q: My husband and I are retired, we both receive nice pensions, and we owe $46,000 on our home. This is our only debt. I’m 65, he is 82, and we have more than $800,000 in variable annuities, along with substantial cash in savings. We also have $200,000 combined in life insurance coverage.

Display a kind spirit

Staff Reports's picture

Q: My mom and dad filed bankruptcy recently and are on a fixed income of $2,200 a month. They gave up their house, and my wife and I helped them find an apartment. We’re also trying to give them other help while they’re getting back on their feet.

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The Greer Citizen

317 Trade Street Greer, SC 29651

P.O. Box 70 Greer, SC 29652

Phone: 1-864-877-2076

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